Wall Street moves lower
Wall Street and US Treasuries moved lower as better-than-expected data on US manufacturing.
Wall Street and US Treasuries moved lower as better-than-expected data on US manufacturing.
The New Zealand dollar gave up gains against the British pound in quiet trading in currency markets.
John Key has signalled a rapid and unexpected rise in interest rates and "something big that happens internationally" as the biggest threats to the NZ economy.
The board says the takeover bid is "opportunistic" and doesn't represent fair value for the company.
The kiwi was little changed as the prospect of a smaller settlement by Deutsche Bank with US authorities eased market fears.
New Zealand shares gained, with turnover peaking for the week as investors tidied their portfolios
WATCH NZH FOCUS: A top analyst has drawn parallels between late 2016 and the 1987 market crash.
What is going on in the banking industry? The big questions answered.
The long-time CEO of Wells Fargo has been grilled by lawmakers over hundreds of thousands of sham bank accounts.
New Zealand shares rose as global markets were encouraged by reports of a deal to ease the glut of crude oil.
The children and babywear retailer's revenue sank with store closures and a struggling international wholesale business.
Trading by Goldman Sachs has come under the scrutiny of lawyers representing Milford Asset Management portfolio manager Mark Warminger
The man who co-led Deutsche Bank for three years until July last year, was careful not to mention the gigantic elephant in the room.
The dollar was little changed after top Federal Reserve officials did little to change market perceptions
Oil prices jumped, while stocks on Wall Street rose, on a report that OPEC reached an agreement to limit output.
The New Zealand dollar fell from its overnight highs, to be little changed after stronger-than-expected US consumer confidence.
Wall Street advanced after a report showed US consumer confidence climbed to the highest level in nine months.
Trading by Milford Asset Management portfolio manager Mark Warminger in Xero shares in June 2014 sparked an inquiry by the NZX's market
The debate could tip the scales toward one candidate or the other, with investment implications Wall St can't afford to ignore.
Oil prices tumbled on signs that Saudi Arabia and Iran continue to disagree over output limits ahead.
COMMENT: Fund managers fees need to be fair on these four occasions.
Veritas Investments says revenue will drop in 2017 as Mad Butcher sales continue to fall.
The Nelson-based firm lodged a product disclosure statement for its IPO today.
Wall Street climbed, pushing the Nasdaq to a fresh intraday record high, as investors repositioned themselves after the US Federal Reserve kept its target interest rate steady.
New Zealand shares gained as investors took comfort after central banks made no interest rate moves.
COMMENT: Keeping an eye on when executives sell shares can pay off, just look at Air New Zealand.
The New Zealand dollar rose after the US Federal Reserve held off raising interest rates.
US stocks and longer-dated debt rose, while the greenback weakened.
New Zealand shares drop ahead of interest rate announcements.
Economic turning points are never easy to spot, but right now it's proving harder than ever.